Crown Equity Holdings Inc. is publicly traded with the symbol CRWE. The Company primarily provides and offers advertising, branding, marketing solutions and services to boost customer awareness, as well as merchant visibility as a worldwide online multi-media publisher. For list of services offered click here

Speaking at a nationwide blockchain networking event at Digital Catapult in London, Mr Hancock said the Cabinet Office is looking at blockchain as a way to monitor and control what can sometimes be an incredibly complex process.

After his keynote address to the conference, Matthew Hancock, Minister for the Cabinet Office and Paymaster General, said:

“We have worked very hard in recent years to transform government, to bring it up to date with the internet age. We’ve made great strides, but there’s still a very long way to go.

“Government cannot bury its head in the sand and ignore new technologies as they emerge.

“If a government doesn’t keep up with new and innovative technology, it falls behind on the ability to provide services for its citizens. We want to stay at the forefront. I believe as technology becomes part of the fabric of the nation, it must become part of the fabric of government.”

Technology such as blockchain offers a number of opportunities to explore within government and was used as part of the bitcoin currency. Government is keen to work with cutting-edge private sector fintech companies and academics to see where it can support the sector.

For example, the government has already committed £10m to the Alan Turing Institute to investigate digital currencies and distributed ledger technologies and are looking for case studies showing blockchains can be used in government.

Source: Gov.uk (Contains public sector information licensed under the Open Government Licence v3.0.)

The news, reports, views and opinions of authors (or source) expressed are their own and do not necessarily represent the views of CRWE World.